Abu Dhabi has completed a $5 billion multi-tranche bond offering, the longest term for a bond issued by a GCC sovereign issuer, which underscores Abu Dhabi’s robust credit fundamentals and the investors’ trust in the emirate’s economic prospects. Underpinned by strong investor appetite, the bonds are priced at historic low yields. The issuance comprises three tranches: a $2 billion 3-year tranche, a $1.5 billion long 10-year tranche, and a $1.5 ...